Showing 1 - 7 of 7
monetary policy usually affects both inflation and unemployment, even when all structural parameters of the economy and of … suggests that the switch to a monetary union is likely to make labor uur unions more aggressive, increasing unemployment …
Persistent link: https://www.econbiz.de/10005123531
centralization of wage bargaining and of the interaction between those institutional variables, on real wages, unemployment and …) triggers two opposite effects on real wages, unemployment and inflation. The decrease in the number of unions reduces the … competition effect’ raises real wages, unemployment and inflation. But the decrease in the number of unions also strengthens the …
Persistent link: https://www.econbiz.de/10005497748
overly long unemployment durations. We examine the influence of previous wages on unemployment durations for workers after …
Persistent link: https://www.econbiz.de/10008611007
possible between different segments of the labour market, we concentrate on unemployment experience and wage growth for a panel …
Persistent link: https://www.econbiz.de/10005666916
The literature on monetary policy games establishes that policy makers' attempts to boost employment above the 'natural' rate are futile and result in an inflationary bias when wage setters have rational expectations and the policy maker cannot precommit. This implies that a variation of the...
Persistent link: https://www.econbiz.de/10005791594
Previous estimates of the effect of unemployment on crime commonly omit determinants of criminal behavior that vary … with the business cycle, creating correlation between unemployment rates and the residuals in aggregate crime regressions … accompanying omitted variables bias to estimates of the effect of unemployment on crime. Using a state-level panel for the period …
Persistent link: https://www.econbiz.de/10005791606
In this paper we look at the effects of immigration and trade with Eastern Europe on unemployment in Austria. Using … possible detrimental impacts in unemployment entry effects and unemployment duration effects. We find that unemployment entry … immigration effect on unemployment duration. Within almost all subgroups there is a significant increase in the length of …
Persistent link: https://www.econbiz.de/10005792204